Tag: Resistance levels
AUDCAD Forecast: Bullish Momentum Continues – Action Forex
AUDCAD saw a strong rebound on Tuesday, surpassing the key resistance level of 0.9125. The pair is currently trading above a previous upward channel...
S&P 500 Technical Analysis: Path of Least Resistance to Upside
Last week, we received some positive news as both the CPI and PPI numbers came in lower than expected. This news is likely to...
Oil Prices Struggle to Reach $80 Amid Strong Resistance
Oil prices have been experiencing some fluctuations recently, with no major news driving prices up. Traders are closely monitoring how the shift towards Electric...
NZD/USD Price Analysis: Bulls Battle as Consolidation Intensifies
The NZD/USD pair has been stabilizing near the 20-day Simple Moving Average (SMA) of 0.6140 after a dip to a low of 0.6115. Bulls...